{"id":24416,"date":"2023-12-06T12:12:38","date_gmt":"2023-12-06T12:12:38","guid":{"rendered":"https:\/\/masterskills.org\/blog\/nghiep-vu-tung-tin-open-mouth-operations-la-gi.html"},"modified":"2023-12-22T09:45:01","modified_gmt":"2023-12-22T02:45:01","slug":"nghiep-vu-tung-tin-open-mouth-operations-la-gi","status":"publish","type":"post","link":"https:\/\/masterskills.org\/blog\/nghiep-vu-tung-tin-open-mouth-operations-la-gi.html","title":{"rendered":"Nghi\u1ec7p v\u1ee5 tung tin (Open Mouth Operations) l\u00e0 g\u00ec?"},"content":{"rendered":"<div class=\"vnbcbc-body vceditor-content wi-active\" data-role=\"content\">\n<figure class=\"VCSortableInPreviewMode\" type=\"Photo\" style=\"\">\n<div><\/div><figcaption class=\"PhotoCMS_Caption\">\n<p data-placeholder=\"[Nh\u1eadp ch\u00fa th\u00edch \u1ea3nh]\" class=\"\">H\u00ecnh minh h\u1ecda<\/p>\n<\/figcaption><\/figure>\n<h2><font style=\"line-height: 22px; font-size: 22px;\" color=\"#3d85c6\"><span>Nghi\u1ec7p v\u1ee5 tung tin<\/span> (Open Mouth Operations)<\/font><\/h2>\n<p><b>\u0110\u1ecbnh ngh\u0129a<\/b><\/p>\n<p><b>Open Mouth Operations<\/b> t\u1ea1m d\u1ecbch ra ti\u1ebfng Vi\u1ec7t l\u00e0 <b>n<span>ghi\u1ec7p v\u1ee5 tung tin<\/span><\/b> hay <b>ho\u1ea1t \u0111\u1ed9ng tung tin<\/b>.<\/p>\n<p><span><i>Nghi\u1ec7p v\u1ee5 tung tin<\/i><\/span> l\u00e0 nh\u1eefng tuy\u00ean b\u1ed1 \u0111\u01b0\u1ee3c th\u1ef1c hi\u1ec7n b\u1edfi C\u1ee5c D\u1ef1 tr\u1eef Li\u00ean bang (Federal\u00a0Reserve System &#8211; Fed) \u0111\u1ec3 t\u00e1c \u0111\u1ed9ng \u0111\u1ebfn l\u00e3i su\u1ea5t v\u00e0 l\u1ea1m ph\u00e1t.<\/p>\n<p>Nghi\u1ec7p v\u1ee5 tung tin l\u00e0 th\u00f4ng b\u00e1o cho c\u00e1c s\u00e0n giao d\u1ecbch n\u01a1i c\u00f3 l\u00e3i su\u1ea5t \u01b0u \u0111\u00e3i, n\u00f3 kh\u00f4ng ph\u1ea3i l\u00e0 h\u00e0nh \u0111\u1ed9ng b\u00e1n ho\u1eb7c mua ch\u1ee9ng kho\u00e1n Kho b\u1ea1c Hoa K\u1ef3. C\u1ee5c D\u1ef1 tr\u1eef Li\u00ean bang th\u01b0\u1eddng kh\u00f4ng c\u1ea7n ph\u1ea3i th\u1ef1c hi\u1ec7n giao d\u1ecbch mua, b\u00e1n v\u00ec nh\u1eefng t\u00e1c nh\u00e2n kh\u00e1c trong ng\u00e0nh t\u00e0i ch\u00ednh s\u1ebd c\u00f3 nh\u1eefng h\u00e0nh \u0111\u1ed9ng th\u00edch h\u1ee3p.<\/p>\n<p>Vi\u1ec7c s\u1eed d\u1ee5ng ti\u1ec1m n\u0103ng c\u00e1c\u00a0nghi\u1ec7p v\u1ee5 th\u1ecb tr\u01b0\u1eddng m\u1edf\u00a0c\u1ee7a ng\u00e2n h\u00e0ng trung \u01b0\u01a1ng l\u00e0 \u0111\u1ec3 \u0111\u1ea1t \u0111\u01b0\u1ee3c l\u00e3i su\u1ea5t m\u1ee5c ti\u00eau. Th\u00f4ng b\u00e1o c\u1ee7a h\u1ecd th\u01b0\u1eddng khi\u1ebfn th\u1ecb tr\u01b0\u1eddng ph\u1ea3n \u1ee9ng. Ph\u1ea3n \u1ee9ng tr\u00ean th\u1ecb tr\u01b0\u1eddng c\u00f3 xu h\u01b0\u1edbng \u0111i\u1ec1u ch\u1ec9nh l\u00e3i su\u1ea5t m\u00e0 kh\u00f4ng c\u1ea7n ng\u00e2n h\u00e0ng trung \u01b0\u01a1ng h\u00e0nh \u0111\u1ed9ng.<\/p>\n<p><span><span>Nghi\u1ec7p v\u1ee5 tung tin<\/span><\/span>\u00a0\u0111\u01b0\u1ee3c th\u1ef1c hi\u1ec7n \u1edf nh\u1eefng n\u01a1i m\u00e0 Fed, ho\u1eb7c ng\u00e2n h\u00e0ng trung \u01b0\u01a1ng, tin r\u1eb1ng l\u00e3i su\u1ea5t, l\u00e3i su\u1ea5t v\u00e0 l\u1ea1m ph\u00e1t n\u00ean \u0111\u01b0\u1ee3c truy\u1ec1n th\u00f4ng r\u1ed9ng r\u00e3i.\u00a0Khi m\u1ed9t h\u00e0nh \u0111\u1ed9ng \u0111\u01b0\u1ee3c th\u1ef1c hi\u1ec7n tr\u00ean m\u1ed9t tuy\u00ean b\u1ed1 c\u1ee7a Fed, n\u00f3 \u0111\u01b0\u1ee3c g\u1ecdi l\u00e0\u00a0nghi\u1ec7p v\u1ee5 th\u1ecb tr\u01b0\u1eddng m\u1edf\u00a0(OMO). Nghi\u1ec7p v\u1ee5 th\u1ecb tr\u01b0\u1eddng m\u1edf (OMO) \u0111\u1ec1 c\u1eadp \u0111\u1ebfn vi\u1ec7c mua v\u00e0 b\u00e1n ch\u1ee9ng kho\u00e1n Ch\u00ednh ph\u1ee7 tr\u00ean th\u1ecb tr\u01b0\u1eddng m\u1edf \u0111\u1ec3 m\u1edf r\u1ed9ng ho\u1eb7c thu h\u1eb9p cung ti\u1ec1n trong h\u1ec7 th\u1ed1ng ng\u00e2n h\u00e0ng.<\/p>\n<h3><font style=\"line-height: 22px; font-size: 22px;\" color=\"#3d85c6\">Nghi\u1ec7p v\u1ee5 th\u1ecb tr\u01b0\u1eddng m\u1edf (OMO)<\/font><\/h3>\n<p>&#8211; C\u00f3 m\u1ed9t s\u1ed1 h\u00ecnh th\u1ee9c ho\u1ea1t \u0111\u1ed9ng th\u1ecb tr\u01b0\u1eddng m\u1edf (OMO), trong \u0111\u00f3 ph\u1ed5 bi\u1ebfn nh\u1ea5t l\u00e0 b\u00e1n ch\u1ee9ng kho\u00e1n c\u1ee7a Ch\u00ednh ph\u1ee7 ho\u1eb7c Kho b\u1ea1c.<\/p>\n<p>&#8211; N\u1ebfu ph\u1ea3n \u1ee9ng tr\u00ean th\u1ecb tr\u01b0\u1eddng kh\u00f4ng l\u00e0m d\u1ecbch chuy\u1ec3n l\u00e3i su\u1ea5t v\u00e0 l\u1ea1m ph\u00e1t nh\u01b0 d\u1ef1 \u0111\u1ecbnh c\u1ee7a Fed, h\u1ecd c\u00f3 th\u1ec3 t\u1ef1 th\u1ef1c hi\u1ec7n c\u00e1c b\u01b0\u1edbc \u0111\u1ec3 ban h\u00e0nh c\u00e1c thay \u0111\u1ed5i.<\/p>\n<p>&#8211; Mua v\u00e0 b\u00e1n tr\u00e1i phi\u1ebfu ch\u00ednh ph\u1ee7 cho ph\u00e9p Fed ki\u1ec3m so\u00e1t s\u1ed1 d\u01b0 d\u1ef1 tr\u1eef c\u1ee7a c\u00e1c ng\u00e2n h\u00e0ng, \u0111i\u1ec1u n\u00e0y gi\u00fap Fed t\u0103ng ho\u1eb7c gi\u1ea3m l\u00e3i su\u1ea5t ng\u1eafn h\u1ea1n khi c\u1ea7n thi\u1ebft.\u00a0Mua ch\u1ee9ng kho\u00e1n Kho b\u1ea1c b\u01a1m ti\u1ec1n v\u00e0o n\u1ec1n kinh t\u1ebf v\u00e0 k\u00edch th\u00edch t\u0103ng tr\u01b0\u1edfng trong khi b\u00e1n nh\u1eefng ch\u1ee9ng kho\u00e1n t\u01b0\u01a1ng t\u1ef1 c\u00f3 th\u1ec3 khi\u1ebfn n\u1ec1n kinh t\u1ebf thu h\u1eb9p.<\/p>\n<p>&#8211; \u0110\u01b0\u1ee3c coi l\u00e0 m\u1ed9t c\u00f4ng c\u1ee5 linh ho\u1ea1t, C\u1ee5c D\u1ef1 tr\u1eef Li\u00ean bang ki\u1ec3m so\u00e1t\u00a0ch\u00ednh s\u00e1ch ti\u1ec1n t\u1ec7\u00a0\u1edf M\u1ef9 v\u00ec n\u00f3 t\u1ea1o \u0111i\u1ec1u ki\u1ec7n cho qu\u00e1 tr\u00ecnh OMO \u0111i\u1ec1u ch\u1ec9nh v\u00e0 thao t\u00fang\u00a0l\u00e3i su\u1ea5t qu\u0129 li\u00ean bang\u00a0(Federal Funds Rate, vi\u1ebft t\u1eaft: FFR).<\/p>\n<p>*<i>L\u00e3i su\u1ea5t qu\u0129 li\u00ean bang<\/i>\u00a0\u0111\u1ec1 c\u1eadp \u0111\u1ebfn l\u00e3i su\u1ea5t qua \u0111\u00eam m\u00e0 c\u00e1c ng\u00e2n h\u00e0ng thu t\u1eeb c\u00e1c ng\u00e2n h\u00e0ng kh\u00e1c khi cho vay ti\u1ec1n t\u1eeb s\u1ed1 d\u01b0 d\u1ef1 tr\u1eef b\u1eaft bu\u1ed9c c\u1ee7a ch\u00fang. L\u00e3i su\u1ea5t qu\u0129 c\u1ee7a Fed l\u00e0 m\u1ed9t trong nh\u1eefng m\u1ee9c l\u00e3i su\u1ea5t quan tr\u1ecdng nh\u1ea5t trong n\u1ec1n kinh t\u1ebf M\u1ef9.<\/p>\n<p><i>(T\u00e0i li\u1ec7u tham kh\u1ea3o: Investopedia)<\/i><\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<div class=\"vnbcbc-sapo\" data-role=\"sapo\">\n                            Nghi\u1ec7p v\u1ee5 tung tin (ti\u1ebfng Anh: Open Mouth Operations) l\u00e0 nh\u1eefng tuy\u00ean b\u1ed1 \u0111\u01b0\u1ee3c th\u1ef1c hi\u1ec7n b\u1edfi C\u1ee5c D\u1ef1 tr\u1eef Li\u00ean bang (Federal Reserve System &#8211; Fed) \u0111\u1ec3 t\u00e1c \u0111\u1ed9ng \u0111\u1ebfn l\u00e3i su\u1ea5t v\u00e0 l\u1ea1m ph\u00e1t.\n                        <\/div>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[414],"tags":[],"_links":{"self":[{"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/posts\/24416"}],"collection":[{"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/comments?post=24416"}],"version-history":[{"count":0,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/posts\/24416\/revisions"}],"wp:attachment":[{"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/media?parent=24416"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/categories?post=24416"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/tags?post=24416"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}